Natsionalna Elektricheska Kompania (NEK EAD)

A consortium led by Croatia's Končar KET, including Czech ČKD Blansko Holding, signed a contract with Bulgarian state power utility NEK EAD to refurbish the 14 MW HPP Vacha-1 and associated systems. The project is part of a larger rehabilitation effort valued at EUR 37 million, with completion scheduled for end of 2020.